NFT World

On October 2 1984, writer and theorist of media Neil Postman gave the keynote speech at the Frankfurt Book Fair. In his address, Postman presented an essay called "Amusing Ourselves to Death: Public Discourse in the Age of Showbusiness." In his speech, he wowed the crowd by stating that the theme of the fair, centred around George Orwell, was a mistake. Of the two most influential dystopian novels in the 20th century, Postman suggested the author of Aldous Huxley's Brave New World was the right one and not Orwell's 1984. "Orwell missed the mark completely," He said in a speech that is, to some of the worlds, as shocking today as it was nearly four decades ago. What made Orwell, not on the mark? According to Postman Postman, the writer failed to pinpoint the issue causing the most harm to humanity. "As Huxley remarked in Brave New World Revisited , the civil libertarians and rationalists who are ever on the alert to oppose tyranny 'failed to conside...

Image Source: ( google image ) In March, more than $615 million was stolen from Ronin Network's bank accounts. This news was sensational at the time because it involved the largest play–to-earn (P2E) game in the world, Axie Infinity. After the attack on Ronin's bridge, transactions were stopped. The last two large-ticket transfers to the network were fraudulent withdrawals worth 173,600ETH and 25.5million USDC. An FBI report reveals that the hacking group Lazarus Group was responsible for stealing the ill-gotten wealth to finance North Korea's regime. More News: Latest NFT News After the theft So what happened with Axie Infinity's player base? Binance provided a bridge that allowed users to retrieve funds stored on the Ronin Network. The bridge allowed them the ability to withdraw their funds using wrapped ETH. Standard ETH could then be traded. This led to approximately 46,000 WITH being taken out of Ronin Network's stores since the April 2 announcement. Except ...

The most difficult aspect of selling and buying NFTs is deciding on the best one to buy. Finding the right NFT for your collection may be as easy as looking through an online marketplace for the art you love (much like looking through the items at Amazon). This is how many begin their journey into the NFT world. However, NFTs can provide more than art. Smart contracts within NFTs (bits made of code in computers that permitted the creation of NFTs and traded with no third party) allow owners to access the exclusive assets within the NFT and regulate its transferability. There's a significant social component to purchasing an NFT. Once you're an NFT owner, you are an integral part of the community that a group leads that (often) will plan to grow the project over several months or years in the future. NFT News: Latest  NFT News There are myriad reasons to invest in NFTs, and each group has its reasons to invest in NFTs. It's important to note that this is not advice on finan...

Vitalik Buterin, best known as one of the co-founders of Ethereum, has a major new Web3 project under development. In the whitepaper called "Decentralized Society: Finding Web3's Soul," Buterin and his co-authors outline their vision of a distributed society (DeSoc) and how they can bring it into possibility. Their suggestion? We'll need to develop something known as " Soulbound Tokens " (SBTs). In the main, SBTs are not transferable identification and reputation certificates. They enable people to verify their personal information -- such as their educational background, work history, credit score, medical history, professional certificates, and more. -- by using blockchain technology. The concept is highly discordant. Some believe that SBTs are a more efficient and reliable way to verify the authenticity of the information. Some compare it with China's dictatorial social credit system . Which is the more realistic view? It isn't easy to decide. I...

  Image Source: Google images Search Free-to-mint NFT s have been the norm recently. Contrary to traditional NFT drops where collectors are required to pay a set (or changing) cost, the gas cost for creating and buying an NFT Free-to-mint collection provides an opportunity for those interested to develop an NFT at a minimum or free. Individuals and teams working on product development have been choosing to launch mint-free NFT launches to build buzz, create communities, and avoid the typical NFT launch issues. However, these should not be confused with airdrops because they reward and encourage holders of collections that already have NFTs Mints for free and have become a popular method to start new projects. More Info: Latest NFT News At present, most NFT enthusiasts are aware of free-to-mint NFTs . The range of mints is vast, from Loot from Goblin-town to WAGDIE Mints that are free are now a standard and appealing aspect in NFTs. NFT ecosystem. However, is this mint mechanism ...